Question: True or False? The present value of some future amount is less if the discount rate is compounded less frequently than if it compounds more

  1. True or False?
    1. The present value of some future amount is less if the discount rate is compounded less frequently than if it compounds more frequently.
    2. If the AAGR = 5% over 5 periods, it would mean the amount in question is growing exactly 5% per year every period.
    3. The EAR is the same as the APR if the compounding period is annual.

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